+ = EXCEL

Advanced
Spreadsheet Skills

• Commonly used Microsoft Excel functions

• Conditional functions
• Use of Microsoft Excel in market research
 Lesson Objectives

At the end of this lesson, the students should

be able to:

Familiarize the most commonly used functions in

Microsoft Excel.

Use several conditional functions available in

Microsoft Excel.

Use Microsoft Excel as a viable tool in market

research and product development .
 Definition of Terms

Accounting Number Format - a number that is used for

accounting.

Orientation - the angle at which a text is displayed.

Count - a function used to count the cells with content in

a range.

Sum- a function used to compute for the summation of

the number of a range.
Average - a function used to compute for the average of
the number of a range.

COUNTIF - a function used to count the cells with a

specified content within a range.

SUMIF - a function used to compute for the summation of

a range if a certain condition is met.

AVERAGEIF - a function used to compute for the average

of a range if a certain condition is met.
Range - the range of cells where you want to look for
the criteria.

Criteria - a value or label that determines is a cell is

part of the range to be averaged.

Average Range - the actual range of cells that will be

averaged, if omitted, the range will be used instead.
Estimating the Product Cost using Microsoft Excel

Product Information

Product Name/Brand: Starbuko Organic Milk Tea

Company/Group Name: Starbuko Foods Corporation

Product Description:
Starbuko Milk Tea is a special milk tea using organic ingredients
especially made for Filipinos.

Ingredients/Materials : tea, water, condensed milk, ice, special

sweetener

Estimated Sale Price: 25 PHP per cup

We will use Microsoft Excel to find out if our estimated

sale price is reasonable considering the actual price of
the ingredients.
1. Copy the information below:
Starbuko Organic Milk Tea
Note: Values with PHP sign
Cost of Ingredient use the Accounting Number
No. Ingredient Price/Glass Format, the default is dollar
1 Organic Tea (1 sachet) 12 symbol. To change this, click
2 Pure Drinking water 0.2
3 Sweetened Condensed Milk 13
the drop-down arrow at the
4 Cup 2 currency button the select
Total: More Accounting Formats,
the change symbol to PHP.
2. Use the SUM formula to Starbuko Organic Milk Tea
get the summation of the Cost of Ingredient
values. No. Ingredient Price/Glass
1 Organic Tea (1 sachet) 12
2 Pure Drinking water 0.2
3 Sweetened Condensed Milk 13
4 Cup 2
Total: 27.2
 Starbuko Organic Milk Tea
3. Check if the Cost of Ingredient
estimated price will earn No. Ingredient Price/Glass
1 Organic Tea (1 sachet) 12
a profit. Type additional 2 Pure Drinking water 0.2
information then apply 3 Sweetened Condensed Milk 13
4 Cup 2
the arithmetic formula Total: 27.2
for subtraction. Estimated Price 25
Profit 2.2

Starbuko Organic Milk Tea

Cost of Ingredient
4. If the result is not profitable,
No. Ingredient Price/Glass make an adjustment. Deduct
1 Organic Tea (1 sachet) 12
2 Pure Drinking water 0.2 the total from the new price to
3 Sweetened Condensed Milk 13
4 Cup 2 get the profit.
Total: 27.2
Estimated Price 25
Profit 2.2

Adjusted Sale Price 35

Profit 7.8
 Starbuko Organic Milk Tea
5. If the price is profitable, it Cost of Ingredient
No. Ingredient Price/Glass
still does not guarantee the 1 Organic Tea (1 sachet) 12
products success. 2 Pure Drinking water 0.2
3 Sweetened Condensed Milk 13
4 Cup 2
Total: 27.2
Estimated Price 25
Profit 2.2

Adjusted Sale Price 35

Profit 7.8

6. Save your file.

 Analyzing Data using Microsoft Excel

In a scale of 1-5 YES/NO Price

Quality

₱ 15 below
₱ 16-25
₱26-35
₱36-45
₱ 46-55
Taste

Product
Presentation

Recommend?
Satisfied?
No Last First Student/
. Name Name Age Teacher
1Arsolon Jesserie 16 Student 5 4 4 3 YES YES √
Ana
25 Teacher 4 5 4 4 YES YES √
2Batausa Rose
3Cabugo Gilbert 16 Student 3 4 3 3 YES YES √

Tip: To change orientation of the text, press Ctrl + 1. To

open Format Cells dialog box > Alignment tab > under
orientation, specify the degrees you want.
• To determine the average rating of quality,
presentation and product.

• The syntax would be= AVERAGE (cells involved)

CRITERIA AVERAGE
QUALITY 3.73333333
TASTE 4.26666667
PRESENTATION 4
PRODUCT 3.86666667
 Using =COUNT function would allow us to count
the number of cells that contains something.
To determine how many people said YES or NO,
if they were satisfied with the product or if they would
recommend it.

Use COUNTIF function.

COUNTIF Function Syntax:
=COUNTIF (range, criteria)

CRITERIA YES

SATISFIED? 13

RECOMMEND? 15
To determine if the product or service can be sold to
teachers or students, use AVERAGEIF function. You
could also use, SUMIF function.

AVERAGEIF uses the following syntax:

= AVERAGEIF (range, criteria, average range)

Quality

Teacher 4

Student 3.636364
 Activity:
Try to sell your product or service in
school. Then check your profits.
Encode the data of your profits in
Microsoft Excel then use the
formulas you have learned to
determine if your product or service
was profitable or not. Log the
customer’s age range as well.
 Rubrics:
Skills-25%
Content-25%
Correctness-15
Efficiency-20
Teamwork-15